Establishing a company in the Free Zone

Establishing a company in the Free Zone, in Dubai, in cooperation with Itqan Company, represents a promising strategic option for companies aspiring to expand in the Gulf Cooperation Council countries and the Middle East. Dubai’s free zones have unique advantages, including attractive tax exemptions, full foreign ownership, and easy establishment and operation procedures, which make them an ideal gateway to these promising markets. By cooperating with Itqan Company, which has extensive experience in this field, companies can make the most of these advantages and opportunities.

Itqan Company ensures that the establishment of the company is carried out smoothly and effectively, as it provides comprehensive legal and administrative services that include selecting the appropriate site and preparing it according to the needs of the business. It also provides the necessary technical support to establish the company’s logistical and operational infrastructure, enabling companies to focus on their core activity and growth in target markets.

In light of the challenges facing companies wishing to expand regionally, cooperation with Itqan Company represents a comprehensive solution that guarantees success and sustainability in the long term. Therefore, establishing a company in the Free Zone in cooperation with Itqan Company may be the first step towards achieving expansion ambitions and reaching new markets.

Establishing a company in the Free Zone

Types of companies that can be established in free zones

Free zones in Dubai provide an ideal investment environment for establishing various types of companies. Whether you want to establish a trading company, a service company, or an industrial company, you will find that these areas provide the incentives and benefits necessary for the success of your project. In this context, we will explore the most prominent activities that can be established in Dubai’s free zones.

• Commercial companies: Free zones attract commercial companies that want to benefit from their strategic location as a gateway for export and distribution to the Gulf countries and the Middle East. Wholesale and retail trade companies, commercial agencies, holding companies, and commercial brokerage can be established.
• Service companies: Free zones enjoy an ideal climate for establishing various professional and technical services. These activities include management consulting, legal, engineering, training, health, technology and logistics.
• Industrial companies: Free zones encourage industrial companies to invest by providing advanced infrastructure, tax exemptions, and logistical support. Assembly, packaging and packaging factories, and light industries such as electronics, textiles and food, can be established.

Regardless of the nature of your activity, Dubai free zones provide the ideal opportunity to establish your company and benefit from its unique advantages. By cooperating with specialized companies such as Itqan, you will be able to establish and operate your company with high efficiency.

Advantages available for establishing a company in the free zone

Free zones in Dubai provide a distinctive investment environment and attractive incentives for companies wishing to expand and grow. Thanks to these advantages, free zones have become a preferred destination for entrepreneurs, SMEs and multinational companies alike. In this context, we will review the most important advantages available for establishing a company in the free zones in Dubai. Advantages available for establishing a company in the free zone :

• Tax exemptions: Companies established in free zones enjoy full tax exemptions on profits, capital, imports and exports.
• 100% foreign ownership: Foreign investors can own 100% of their companies without the need to have an Emirati partner.
• Ease of establishment and registration: The process of establishing companies in free zones is characterized by speed and simplicity compared to other regions.
• Advanced infrastructure: Free zones provide modern infrastructure and integrated logistical services to support corporate activities.
• Ease of dealing with government agencies: The Free Zones Administration provides comprehensive and quick services for communicating with government agencies.
• Freedom to transfer capital and profits: Companies can transfer their capital and profits abroad without restrictions.
• Political and economic stability: Dubai is characterized by political, economic and security stability, which provides a favorable environment for business.

Thanks to these various advantages, Dubai’s free zones have become a preferred destination for companies wishing to expand and grow at the regional and global levels.

Steps necessary to establish a company in the free zone

Free zones in Dubai provide a distinctive investment environment for companies wishing to expand and grow. These regions have many attractive advantages, making them a preferred destination for entrepreneurs, SMEs and multinational companies. In this context, we will review the steps necessary to establish a company in the free zones in Dubai. Necessary steps to establish a company in the free zone :

• Choosing the right free zone: There are many free zones in Dubai, each of which has its own advantages and specialization. The region that best suits the company’s activity and objectives must be chosen.
• Determine the type of company and activity: You must determine the type of company (limited liability, limited liability company, branch, etc.) and the activities it will practice.
• Obtaining approvals and licenses: After determining the type of company and activity, the necessary approvals and licenses must be obtained from the free zone administration.
• Company creation and registration: After obtaining approvals, the company is created and officially registered with the free zone administration.
• Renting an office or factory: An office or factory suitable for the company’s activities must be rented in the free zone.
• Completing other requirements: Some additional requirements may be required, such as opening a bank account, hiring employees, etc.

By following these steps in an organized manner, you will be able to establish a successful company in one of the free zones in Dubai.

Documents required to establish a company in the free zone

Dubai’s free zones are an ideal investment environment for ambitious companies seeking expansion and growth at the regional and global levels. To establish a company in one of these regions, there are a set of documents required, which we will review in detail in this context. Documents required to establish a company in the free zone:

• Establishment application form: The establishment application form for the selected free zone administration is filled out.
• Proof of identity: Copies of passports and ID cards of the owner/partners.
• Owner/Partners’ CV: Owner/Partners’ CVs must be submitted.
• No objection certificate: A letter of no objection from their current or previous employer.
• Authorization letter: A letter of authorization to sign all transactions in the name of the company.
• Business Plan: A document that explains the business idea, goals, and strategies.
• Clearance Certificate: A certificate of clearance from government taxes and fees.
• Capital: Proof of the availability of the capital required to establish the company.
• Company Memorandum of Association: A sample company memorandum of association signed by the owner/partners.
• Other documents: The free zone administration may request additional documents depending on the nature of the company’s activity.

By submitting these required documents correctly and completely, you will be able to complete the procedures for establishing your company in the free zone smoothly.

Our company’s role in establishing a company in the Free Zone

There are many advantages that make establishing a company in a free zone in Dubai an attractive option for global investors and entrepreneurs. In cooperation with Itqan Company, you can benefit from the extensive experience and integrated services provided by this leading company in the field of establishing companies in free zones in Dubai.

Dubai free zones enjoy a range of unique incentives and benefits, including zero corporate and individual taxes, freedom to trade capital and profits, and quick and easy incorporation procedures. In cooperation with Itqan Company, investors can fully benefit from these advantages, obtain the necessary support to register their company and carry out all required procedures efficiently and smoothly.

Through Itqan, investors are able to benefit from specialized advisory services in the areas of incorporation, registration, licensing and regulatory compliance. The company also provides the necessary logistical and administrative support to establish the company’s headquarters in the free zone, including finding appropriate offices and facilities. Thanks to Itqan’s extensive experience in this field, investors can rest assured that all details and procedures will be carried out in a professional and reliable manner.

In cooperation with Itqan Company, investors can benefit from the great opportunities offered by the free zones in Dubai and achieve their expansion goals at the regional and global levels. Through integrated support and accumulated experience, new companies will be able to launch with confidence and focus on growing their business in a favorable investment environment.

Frequently asked questions about establishing a company in the Free Zone